Biostimulants Market Growth by Emerging Trends, Analysis, & Forecast

The biostimulants market is estimated at USD 3.2 billion in 2021; it is projected to grow at a CAGR of 12.1% to reach USD 5.6 billion by 2026. The market for biostimulants is projected to grow in the coming years due to the increasing consumer awareness about the sustainable agricultural practices, and demand for residue free food. With the advancement in technologies, the increasing need for sustainable agriculture, and intense research on this market, formulations for blending multiple active ingredients have been developed by major players.

 

 

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The biostimulants market consists of a few globally established players such as BASF SE (Germany), UPL (India), Adama (Israel), and Bayer AG (Germany). These players have adopted growth strategies such as collaborations and acquisitions to increase their presence in the global market.

 

BASF SE is one of the leaders operating in the chemical industry with various business segments such as chemicals, performance products, functional materials and solutions, agricultural solutions, and others. Under these broad categories, it offers products such as intermediate chemical products, monomers, petrochemicals, dispersions & pigments, care chemicals, nutrition & health, paper chemicals, performance chemicals, catalysts, construction chemicals, coatings, performance materials, and crop protection. It provides biostimulant products through its agricultural solutions unit. From 1st January 2019, the company has revised its business segments as chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions. The company has renamed its crops protection segment as agricultural solutions after acquiring some of the significant businesses from Bayer in August 2018. BASF SE has a strong global presence with its operations through subsidiaries and joint ventures in more than 90 countries through the functioning of six integrated production sites and 355 other production sites in Europe, Asia, Australia, the Americas, and Africa.

 

UPL is one of the leading companies that offer total crop solutions in order to secure the food supply. Its business segments are divided into various segments such as seeds, crop protection, bio-solutions, post-harvest, aquatics, farmer engagement, and other businesses. The company has its presence in over 130 countries with 48 manufacturing plants. Acquisition is one of the major strategies of the company to achieve a market position. In February 2019, UPL announced the complete acquisition of Arysta Lifesciences that was proposed in the year 2018 to Platform Specialty Products under which Arysta was operating as a subsidiary. This acquisition helps UPL to widen its biostimulants portfolio. Arysta LifeScience Corporation is a global specialty chemicals company, primarily engaged in offering a broad spectrum of products such as insecticide, herbicide, fungicide, biostimulants, and other value-added nutrients. Arysta LifeScience deals with the development, sales, and distribution of chemical solutions for agriscience and life science markets.

 

Syngenta Group acquired Valagro, through its business unit Syngenta Crop Protection in October 2020. However, it is decided so that Valagro will continue to operate as an independent brand in the market within the Syngenta Crop Protection business. Valagro S.p.A is one of the leading companies in the production and marketing of biostimulants and fertilizers. The company operates with its 12 subsidiaries across the globe. Apart from its production site in Italy, it also owns two active production facilities in Norway, two in India, and one in Brazil. Valagro S.p.A offers farm products such as plant biostimulants, water-soluble nutrition, and micronutrients. The company follows the growth strategy of introducing new products and entering into agreements for enhanced R&D. The company’s strength has been to develop diverse product formulations based on different and innovative components. The product portfolio of Valagro S.p.A covers almost all the crops as well as has target-specific functions. The company operates under two business segments—farm for agriculture and industrials for the local and international industry.

 

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The European biostimulants market is driven by the growing importance of a sustainable agriculture approach and increasing development of new innovative products that target specific agronomic needs. Spain, Italy, and France are the major drivers for higher consumption of biostimulants in the region. These countries are also the major exporters of biostimulants to global markets. Further the underdeveloped regulatory framework for this sector in the region has led to the development of numerous startups for biostimulants.

Food Extrusion Market Growth by Emerging Trends, Analysis, & Forecast

The global food extrusion market is estimated to be valued at USD 73.1 billion in 2021. It is projected to reach USD 99.7 billion by 2026, recording a CAGR of 6.4% during the forecast period. The demand for Ready-To-Eat (RTE) snack foods is growing due to their convenience, nutritional value, attractive appearance, taste, and texture. Cereal-based extruded snacks are the most commonly consumed snacks. Extruders blend diverse ingredients to develop novel snack foods. The quality of the final product depends on the processing conditions used during extrusion, which include the composition of the raw materials, feed moisture, barrel temperature, screw speed, and screw configuration.

 

 

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Key players in this market include Bühler, Akron Tool & Die, Baker Perkins, Coperion, and GEA.

 

Buhler is primarily engaged in providing industrial solutions for processed food, commodity food, die casting, renewable energy, and animal feed. Bühler operates through four business segments: grains & food, advanced materials, consumer foods, and corporate functions. The grains & food segment comprises grain milling, value nutrition, sortex & rice, grain logistics, and consumers food; and the advanced materials segment comprises die casting, grinding & dispersion, and Leybold Optics. The company offers food extruders through its grains & food segment. The company core technologies are in the areas of mechanical and thermal process engineering. Bühler also offers industrial services, such as machinery repair, strategic consulting, process plant optimization services, energy consulting, and manufacturing and logistics services. In April 2021, Givaudan and Bühler jointly opened the APAC Protein Innovation Centre. It is located at the Givaudan Woodlands site in Singapore, the Protein Innovation Centre jointly runs being supported by experts from both companies. It is connected to a vast network of R&D innovation centers in Switzerland, and other key hubs across the region helps in plant-based product development on a global scale. This helps the company in achieving a vision of a collaborative and sustainable future of food.

 

Coperion is a manufacturer and service provider of plastic, chemical, food, and mineral processing machinery. The company operates through compounding & extrusion, equipment & systems, materials handling, and service divisions. In October 2019, Coperion provides ZSK 32 Mc18 extruder to DJK Corporation for research and development. It will provide Coperion ZSK 32 Mc18 that can be equipped with ZS-B side feeders, with the Feed Enhancement Technology FET, which optimizes the material intake capacity, as well as with a ZS-EG side devolatilization unit.

 

GEA is one of the world’s largest technology suppliers for the food, beverage, and pharmaceutical sectors. The international industrial technology group specializes in machinery and plants as well as advanced process technology, components and comprehensive services. The company operates in five segments: separation & flow technologies, liquid & powder technologies, food & healthcare technologies, refrigeration technologies, and farm technologies. In September 2017, GEA acquired Pavan SPA. It is a growth strategy that will help GEA expand its area of activities in food processing.

 

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The presence of a developed snack food market offers the European food extrusion market a prominent consumer base with opportunistic growth prospects. The growth of the food industry in this region is estimated to be driven by increasing consumption of processed product types in the Eastern & Southeastern European countries. Increasing consumption of snack product types in this region has also compelled manufacturers to source extruded snack products from other parts of the world for an uninterrupted supply of raw materials, as domestic production is not sufficient to meet the demand from the food industry of Europe.

Enteric Disease Testing Market Growth Opportunities by 2026

The global enteric disease testing market is estimated to be USD 1.8 billion in 2021; it is projected to grow at a CAGR of 6.0% to reach USD 2.4 billion by 2026. The growth in the enteric disease testing market is attributed to the enforcement of stringent food safety regulations and effective monitoring of the same by the regulatory authority, increasing level of consumer awareness on food safety and availability of rapid technology with low turnaround time. Lack of infrastructural facilities, high cost of replacement parts, and lack of harmonization act as major restraints for the enteric disease testing market.

 

 

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The enteric disease testing market is dominated by few globally established players such as SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (UK), Bureau Veritas (France), ALS Limited (Australia) and TÜV SÜD (Germany). These players have adopted growth strategies such as acquisitions, new product launches, and agreements to strengthen their presence in the global market.

 

SGS SA is engaged in the inspection, verification, testing, certification, and quality assurance services. The company has nine business segments—consumer & retail; agriculture food & life; oil, gas & chemical; minerals; industrial; government & institution; transportation; certification & business enhancement; and environmental health & safety. It offers enteric disease testing through its agriculture food & life segment. The company operates through a network of more than 2,400 offices and laboratories across Europe, the Middle East, the Americas, Africa, and the Asia Pacific. The company focuses on acquisitions and expansions as its key development strategy to maintain its market leader position and to strengthen its business in different segments. On June 2021, SGS announced the official opening of Its new food testing laboratory in Papua New Guinea, which would offer internationally recognized quality food testing manufacturing, hospitality, and retail market segments. There are many emerging opportunities, which are creating more competitors to the company such as, Eurofins (Luxembourg), Intertek (UK), and Bureau Veritas (France), among others.

 

Eurofins is an international group of laboratories that provide testing and support services to the pharmaceutical, food, environmental, agricultural, and consumer products industries and governments. The company capitalizes on a portfolio of 150,000 reliable analytical methods that enable it to offer services that characterize the safety, identity, purity, composition, authenticity, and origin of products & biological substances. It offers testing services through the following 13 divisions—food & feed testing, biopharma services, agroscience services, agro testing, clinical diagnostics, cosmetics testing, consumer product testing, forensic services, environmental testing, genomic services, medical devices, Eurofins technologies, and REACH services. It offers enteric disease testing services under its food & feed testing division.

 

Eurofins Scientific operates through 800 laboratories in 50 countries, and with such a strong global presence, the company can launch customized solutions for their customers hence the company is identified as a strong player in the enteric disease testing market. The company’s business expansion continues to expand in North America and Europe, along with the focus on expanding and optimizing its laboratory network in the Asia Pacific region. The acquisition of Covance Food Solutions (US) in 2018 allowed the company to strengthen its geographic presence in the North American market.

 

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The high level of awareness about healthy foods and nutrition is projected to drive the market growth for enteric disease testing market in North American region. Furthermore, the US and Canada combined have a high concentration of market players after Europe and are also high on technology adoption.

Fats and Oils Market Growth by Emerging Trends, Analysis, & Forecast

The global fats and oils market is estimated to be USD 236.7 billion in 2021; it is projected to grow at a CAGR of 3.8% to reach USD 285.2 billion by 2026. The global fats & oils market is being highly driven by robust demand dynamics emanating from both the food and non-food application sectors. Although country-level dietary guidelines advocate a switch to unsaturated fats, the sales of butter and all the other vegetable oils are witnessing decent growth because they are perceived as being more natural. The fats & oils market is also driven by non-food utilization, particularly for the production of oleochemicals and biofuels. Mandatory blending targets of biofuels have encouraged the uptake of these commercially important lipid compounds in the Western markets, which were soon adopted by developing countries.

 

 

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The fats and oils market is dominated by few globally established players such as Associated British Foods PLC (UK), ADM (US), Bunge Limited (US), Wilmar International Limited (Singapore), United Plantations Berhad (Malaysia), Unilever PLC (UK), Ajinomoto Co., Inc. (Japan), Mewah International Inc. (Singapore), and Cargill, Incorporated (US). These players have adopted growth strategies such as agreements, joint ventures, and agreements to increase their presence in the global market.

 

Associated British Foods PLC (ABF), company is engaged in the processing and manufacturing of food, ingredients, and retail. It operates through five business segments, namely sugar, agriculture, retail, grocery, and ingredients. ABF operates through various subsidiaries, some of which are AB Agri (UK), AB Mauri (UK), ABF Ingredients (UK), ABITEC Corporation (US), AB Enzyme GmBH (Germany), ACH Food and Companies Inc. (US). Amongst all its subsidiaries, ACH Food Companies Inc. (U.S.) produces fats and oils products. ACH Food Companies Inc. (U.S.) was formerly known as AC Humko Corporation. After being acquired by ABF from Kraft Foods (U.S.) in 1995, the company is engaged in the manufacture and distribution of a variety of cooking oils, such as corn oil, canola oil, olive oil, and other food ingredients, which include corn starch, syrup, spices, and sauces. In 2002, ABF acquired Unilever PLC’s (U.K.) Mazola, Henri’s and Golden Griddle brands, which are now managed by ACH Food Companies. Its fat and oil products are traded under the Mazola brand, which includes a wide range of products, such as corn oil, canola oil, olive oil, and few others.

 

Archer Daniels Midland Company (ADM) is primarily engaged in food processing and commodities trading. It is one of the key players in the agricultural processing and food ingredient providing sector. The company operates through four major segments, namely Ag services & oilseeds, carbohydrate solutions, nutrition, and other business. The company offers oils derived from vegetable sources for food, industrial, and fuel applications. The company operates globally in more than 140 countries through 272 processing plants and more than 470 crop procurement facilities, where cereal grains and oilseeds are processed into products used in the food, beverage, nutraceutical, industrial, and animal feed markets. The company operates its business through several subsidiaries, such as Golden Peanut Company LLC (U.S.), ADM Milling (U.S.), ADM do Brazil Ltd a (Brazil), Wild Flavors, Inc. (U.S.), and ADM Hamburg AG (Germany).

 

Bunge Limited provides integrated operations in the agribusiness and food segments globally. The company crushes and processes oilseeds and grains that include wheat, corn, and sugarcane for food processors, bakeries, breweries, and other commercial customers. The company has four main business segments, namely agribusiness, sugar and bioenergy, food & ingredients, and fertilizers. Bunge offers bulk oils, shortenings, margarine, mayonnaise, and other products derived from vegetable oils under the food and ingredients business segment. The company has its presence in almost 40 countries in the Asia Pacific, African, Middle Eastern, European, Caribbean, Central American, North American, and South American regions. Its subsidiaries, such as Bunge North America, Bunge South America, Bunge Asia Pacific, and Bunge Europe, are engaged in oilseed processing, edible oils refining & packaging, shortenings, and corn dry milling.

 

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Asia Pacific, followed by Europe, accounted for the largest share both in value and volume in the global fats & oils market in 2021. The large consumption base in Asia Pacific, i.e., robust processed foods and industrial applications for fats and oils, makes it the fastest-growing region during the forecast period. Asia pacific fats & oils market is majorly driven by China and India, owing to the shift in consumption patterns and the high imports of vegetable oils and fats. As per a report by Jiangnan University, China, the consumption of vegetable oils in China has been increasing year by year. The top vegetable oils consumed in China included soybean oil, rapeseed oils, palm oil, and peanut oil. India is the world’s second-largest consumer and the largest importer of vegetable oils. The country is expected to maintain a high per capita consumption level, reaching 14 kg/capita by 2030.

Benzenoid Market Growth by Emerging Trends, Analysis, & Forecast

The global benzenoid market size is estimated to be USD 651 million in 2020 and is projected to reach USD 857 million by 2025, at a CAGR of 5.6% during the forecast period. The market is primarily driven by factors such as steadily goring cosmetics, personal care and beauty market, cheaper availability of raw materials, and increasing trend of unique aroma formulations.

 

 

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The benzenoid chemicals market is dominated by a few globally established players such as Tennants Fine Chemicals Ltd. (England), Jayshree Aromatics Pvt. Ltd. (India), Emerald Kalama Chemical (US), International Flavors & Fragrances, Inc. (US), and Eternis Fine Chemicals (India). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to increase their presence in the global market.

 

Jayshree Aromatics Pvt. Ltd. has gradually emerged as a strong player globally in the aroma chemicals sector. The company’s operations are a 100% concentrated on exports. The company has strong backing for conducting processes, such as chlorination, hydrogenation, distillation, and acetylation, in the same premise. The company’s growth is firmly driven by innovative chemistry and technology. Jayshree Aromatics Pvt. Ltd. has maintained a strong certification portfolio including ISO, HACCP, FSSAI, HALAL & KOSHER, and REACH certifications. These have helped the company develop as a strong exporter of aroma chemicals globally.

 

Tennants Fine Chemicals is a key aroma chemical and acetate ester chemicals manufacturer in the UK. It is owned by Tennants Consolidated Ltd. The company serves manufacturers with chemicals required in primary manufacturing processes and has over the years successfully developed an export network in over 90 countries worldwide. The three key areas of operation of the organization include distribution of chemicals, production of specialty chemicals, and services. Tennants Fine Chemicals Ltd. has established manufacturing sites in North America, South America, Europe, and China.

 

Emerald Kalama Chemical a business unit of Emerald Performance Chemicals offers wide range of flavor and fragrance intermediates, food & beverages preservatives, plasticizers, and other additives. This company was formed after the merger of aroma chemical business of Innospec Inc. in 2015 with Emerald Kalama, after an investment of USD 40 million. It focuses on investing in the toluene oxidation chemistry. It is one of the leading global producers of benzoic acid, benzyl alcohol, benzaldehyde, sodium benzoate, potassium benzoate, and specialty derivatives such as linear aldehydes and hexyl cinnamic aldehyde. The company offers its products through three product segments, namely, benzoates & intermediates, aroma chemicals/flavor & fragrance, and K-FLEX (non-phthalate, low-VOC plasticizers, and coalescent). The company has its manufacturing facilities located in Kalama (US), Rotterdam (Netherlands), and Widnes (UK). It offers its products to 70 countries across the globe. The company majorly exports benzoic acid to various plastic additive manufacturers in Asia. Aroma chemicals are exported to the key markets of Mexico and Argentina. Some of its key clients in these markets are Firmenich Argentina, Brenntag, and IFF Mexico.

 

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China ranks first in terms of imports and exports of organic chemicals globally. The global chemical industry has seen a 7% annual growth rate. countries such as China, Japan, South Korea, and Indonesia are doing exceedingly well in the cosmetics, beauty, and personal care products market. According to Istrata reports, Southeast Asia revenue in the Beauty and Cosmetics segment amounts to USD25.449 billion in 2020 where 74% of sales contribute to mass-marketed cosmetics and 26% to luxury items. Thus the region accounts for the largest market shares in the global benzenoid market.

Crop Protection Chemicals Market Will Hit Big Revenues In Future

The global crop protection chemicals market size is estimated to be valued USD 63.7 billion in 2020 and is projected to reach a value of USD 74.1 billion by 2025, growing at a CAGR of 3.1% during the forecast period. The growth of this market is attributed to an increasing need for food security of the growing population.

 

 

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Key players in this market include BASF SE (Germany), Dupont (US), The Dow Chemicals Company (US), Syngenta AG (Switzerland), and Sumitomo Chemical Co., Ltd (Japan).

 

Mergers, acquisitions, and new product launches were the key strategies adopted by the leading players in the Crop protection chemicals with a view to improve their product line and presence in the market.

 

BASF SE, headquartered in Ludwigshafen, Germany, is a diversified chemical company founded in 1865. BASF is listed on stock exchanges in Frankfurt (Germany), London (UK), and Zurich (Switzerland).

 

The company has thirteen divisions grouped into six segments, namely, chemicals, performance products, functional materials and solutions, agricultural solutions, oil & gas, and others. BASF’s crop protection division is engaged in the research, development, production, and sales of crop protection products for the improvement of crop health and yield. In 2015, 26% of the total research and development expense was on agricultural solutions.

 

BASF operates globally through its subsidiaries in 80 countries with six Verbund sites, and 338 additional production sites such as BASF India (India) and BASF China (China). The major subsidiaries of the company are Wintershall Holding GmbH (Germany), Cognis (Germany), Engelhard Corporation (US), and BASF Plant Science (US).

 

The leading competitors of the company are Dupont (US), Bayer CropScience AG (Germany), The Dow Chemical Company (US), Syngenta AG (Switzerland), FMC Corporation (US), Nufarm Limited. (Australia), Sumitomo Chemicals Co. Ltd. (Japan), and Adama Agricultural Solutions Ltd. (Israel).

 

The Dow Chemicals Company is an American multinational chemical corporation company founded in 1897 and is headquartered in Michigan, US.

 

It operates through business segments such as performance plastics, performance materials, feedstock & energy, coatings & infrastructure solutions, electronic & functional materials, and agricultural sciences. It markets its biologicals business under the agricultural sciences business segment through Dow AgroSciences LLC. The agricultural sciences segment offers crop protection and seed/plant biotechnology products and technologies, urban pest management solutions and healthy oils, insecticides, fungicides, herbicides, and seeds.

The Dow Chemical Company operates globally through its subsidiaries and has 197 production facilities in 36 countries. It offers products and solutions in over 160 countries. Its operations are spread across North America, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific region.

 

Its major competitors are BASF SE (Germany), Syngenta AG (Switzerland), FMC Corporation (US), Bayer CropScience AG (Germany), Nufarm Limited. (Australia), Sumitomo Chemical Co., Ltd (Japan), and Adama Agricultural Solutions Ltd. (Israel).

 

Dupont, established in 1802, and headquartered at Delaware, provides science and technology-based products, materials, and services.

The company operates through the following business segments: agriculture, performance materials and safety & protection, nutrition & health, safety & protection, electronics & telecommunications, industrial biosciences, and others. It also serves the government and public sector in the sectors of service & protection, energy and utilities, and others.

 

Dupont develops, produces, and markets a wide variety of crop protection and seed products in the global market. The agriculture segment of the company develops and markets products and services which offer better crop yield and productivity. The company has high focus on reducing its manufacturing costs to make the product prices competitive and has also initiated the use of biotechnology for better performance and high functionality of products.

 

Dupont operates globally in more than 90 countries covering its geographic presence across North America, Latin America, Europe, and Asia-Pacific. The company has established over 75 research & development centers and 12 examining labs all over the world. For the crop protection sub-segment of Dupont, its major markets are production agriculture, feed industry, food industry, and energy industry.

 

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South America is an emerging agricultural powerhouse, growing at a rapid pace above the global growth average. Growth in this region is significantly contributed by the growth in Brazil and Argentina, which are the world’s most potent agricultural producers and are expected to grow well above the regional average. The economic growth in South America has been stimulated by democratization, economic reforms, and the foundation of the two trading blocs namely, Mercosur and the Andean Pact.

 

Regulatory framework in South America is quite weak as compared to North America and Europe. The South American Pesticide Action Network controls the regulatory issues in the region. The international trade system from the WTO for regional and bilateral trade deals also undermines national pesticide laws and threatens the ability of South American nations to prohibit dangerous chemicals from being used. This is especially observed in the case of WTOs demand for establishing certain common minimum standards for pesticides among countries. For instance, if a country wants to implement a stricter standard on pesticides as compared to the WTO, it could be recognized as a technical barrier to trade.

Animal Disinfectants Market to Showcase Continued Growth in the Coming Years

The global animal disinfectants market size is estimated to be valued at USD 3.2 billion in 2022. It is projected to reach USD 4.6 billion by 2027, recording a CAGR of 7.6% during the forecast period. The market has promising growth potential due to several factors, including the rising awareness regarding hygiene and sanitation amidst this COVID-19 pandemic and increasing demand for meat and other animal products.

 

 

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Key players in this market include Neogen Corporation (US), GEA (Germany), Lanxess AG (Germany), Zoetis (US), Kersia Group (France), CID Lines (Belgium), Albert Kerbl GmbH (Germany), PCC Group (Germany), Laboratoires Ceetel- CMPC (France), G SheperdAnimal Health (UK), Sanosil AG (Switzerland), DeLaval Inc. (Sweden), Diversey Holdings Ltd. (US), Fink Tec GmbH (Germany), Evans Vanodine International PLC (UK), Virox Animal Health (Canada) and Kemin Industries (US)

 

Neogen is a company focused to animal food safety that develops, manufactures, and markets a wide range of products. In nations such as the United States and Mexico Central America, Brazil, Argentina, Uruguay, Chile, the UK, China, India, and Australia, the companys products are sold by its own salespeople. To grow its global reach, the company has partnered with distributors.

 

The creation, manufacture, marketing, and sale of veterinary devices, medications, and testing services are all part of the Neogen animal safety business. The bulk of these consumables are sold by veterinarians retailers, livestock producers, and animal health product distributors. The companys portfolio for this disinfectant sector includes a wide range of active chemicals that target specific diseases and a wide pH range for a variety of applications for different types of applications, with cleaners and disinfectants specifically designed to be used in animal environments.

 

In April 2021, NEOGEN Corporation acquired Delf (UK) Ltd., a manufacturer, and supplier of animal hygiene and industrial cleaning products based in the United Kingdom.

 

GEA is among the largest technology suppliers for food processing and a wide range of other industries, including chemicals, dairy farming & processing, home & personal care, leisure & sport, transportation, utilities, and other applications.

 

The GEA Group is involved in the creation, innovation, and marketing of a variety of food processing and a wide range of other industries, including chemicals, dairy farming & processing, home & personal care, leisure & sport, transportation, utilities, and other applications. Business area equipment’s and business area solutions are the two business segments in which the company operates. GEA Group is increasing its process technology capabilities over the world by implementing strategies such as new product launches, expansions, and acquisitions. The operations of company are classified across different verticals through which the company operates, including Food Solutions, Farm Technologies, Mechanical Equipment, Process Engineering, and Refrigeration Technologies. The Food Solutions segment involves activities that feature standardized and customer-specific equipment. Under dairy farming, the company offers a range of animal health and hygiene products, which range from udder hygiene to hoof hygiene to bedding conditioners.

 

Zoetis discovers, develops, and manufactures animal health medicines and vaccines, complemented by diagnostic products, genetic tests, biodevices, and a range of services designed to meet the needs of veterinarians, livestock farmers, and companion animal owners. The company offers animal health products such as anti-infectives, vaccines, parasiticides, medicated feed additives, other pharmaceuticals, and other non-pharmaceuticals for both companion animals and livestock. Zoetis operated as the animal health division of Pfizer (US) until its separation from the latter in February 2013, when it was spun off into an independent company.

 

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The Asia-Pacific area is expected to be the fastest-growing market for animal decontaminant. The presence of a high cattle population in the region drives demand for animal-based food products, which is fueled by expanding urbanization and rising income levels, prompting consumers to choose animal-based protein sources. Due to factors such as a focus on improving meat quality and different public health initiatives encouraging the intake of animal protein sources, pork and poultry are widely consumed in India and China. As a result of these positive demand dynamics, the animal husbandry industry is on a strong growth path. China, contributes significantly to the region’s leading position, with Thailand and Indonesia being the emerging feed producing countries, while India and Japan are witnessing a constant growth in feed production.